Mourinho: No increased offer for Cole

The Stamford Bridge side issued a statement during their 1-1 friendly draw with Celtic, confirming they had failed to reach an agreement with the Gunners over a fee for the England left-back. And Mourinho believes the move will now only happen if Arsenal are prepared to accept the Chelsea offer already on the table.

"Arsenal have an offer in hand," the Chelsea manager told Sky Sports News. "An offer we believe is a good offer but if they don't accept, they don't accept."

Asked if he thought there was a chance of Chelsea upping their bid he replied: "No. I'm not the financial man but they told me no chance."